October 6, 2009

Certified pre-owned vehicles are holding more appeal for consumers as new-car sticker prices remain high. Affordability and finding the...

Customers look at vehicles for sale at a GMC Chevrolet dealership in Yuma, Arizona, US, on Monday, March 31, 2025. Whether Donald Trump's 25% tariffs on imported vehicles achieve the president's goal of revitalizing domestic auto manufacturing remains to be seen, but the levies that start April 3 are almost certain to push up the prices of new models if they stay in force for more than a few months.

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after its parent company cut hundreds of staff in May. The...

PenFed to revive balloon financing, indirect lending in 2027

Pentagon Federal Credit Union will bring back balloon financing in 2027 and launch an indirect lending program. The residual-based finance...

HBR Blames GM For Saturn’s Demise; Then Blames Saturn For GM’s Downfall

The Harvard Business Review has some particularly harsh words for

Later-stage delinquencies suffer first Q3 decline in five years

Later-stage industrywide auto delinquencies declined year over year in the third quarter for the first time in five years as...

CPO vehicles turn buyers’ heads as new-car prices rise

Certified pre-owned vehicles are holding more appeal for consumers as new-car sticker prices remain high. Affordability and finding the...

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after its parent company cut hundreds of staff in May. The...

PenFed to revive balloon financing, indirect lending in 2027

Pentagon Federal Credit Union will bring back balloon financing in 2027 and launch an indirect lending program. The residual-based finance...

Carsala: Another Bump in the Road of Vehicle Sales

As if vehicle sales weren’t stalled already, now consumers have

Later-stage delinquencies suffer first Q3 decline in five years

Later-stage industrywide auto delinquencies declined year over year in the third quarter for the first time in five years as...

CPO vehicles turn buyers’ heads as new-car prices rise

Certified pre-owned vehicles are holding more appeal for consumers as new-car sticker prices remain high. Affordability and finding the...

GM Financial lays off 400 employees

Captive GM Financial cut 400 employees last week, months after its parent company cut hundreds of staff in May. The...

PenFed to revive balloon financing, indirect lending in 2027